Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 26, 2013  Thu 1:47 AM CT

VIX: SEE CHART GET CHAIN FIND STRATEGIES
Equity indexes closed lower yesterday, as did the CBOE Volatility Index.

The S&P 500 lost 4.65 points to close at 1692.77, its fifth consecutive session of losses. It closed just above the day's low, which came in the early afternoon. It has resistance at the high of 1730 and support at 1660.

The Nasdaq 100 was down 10.11 points to close at 3208.55. Unlike the SPX, it finished above its 10-day moving average. Resistance is at its 13-year high of 3248, while support is at 3150.

The Russell 2000 gave up 1.17 points to finish at 1073.51. The small-cap index hit a new all-time intraday high of 1082 at midday and has support at 1040. (When equity indexes are at highs, further resistance levels are obviously projections not based on previous trading patterns, so I will refrain from listing them.)

The VIX was down 0.07 points to 14.01. The volatility index was as high as 14.62 in the morning but spent some time below 14 through the afternoon.  

The VIX futures were largely unchanged. The October contracts were flat at 15.05, while the November futures were off 0.05 points to 16.20. This had the iPath S&P 500 VIX Short-Term Futures Note (VXX) down fractionally to $13.89. 
Share this article with your friends


Related Stories

VIX

Videocast: Heavy VIX call buying

October 24, 2014

Group One's Jamie Tyrrell says traders are buying November calls and futures in large size, quickly driving premiums higher.

VIX

VIX slips as big rally erases losses

October 24, 2014

Equity indexes rallied sharply yesterday, erasing the losses of the previous session and sending the CBOE Volatility Index lower.

VIX

Videocast: Protection gets cheaper

October 23, 2014

Although the volatility index is dropping with today's rally, Group One's Jamie Tyrrell says traders are buying VIX protection at lower premiums.

VIX

Volatility rises as equities pull back

October 23, 2014

The major equity indexes gave up ground yesterday, and the key volatility measures reacted by moving sharply higher.

VIX

Videocast: Quiet returning to VIX?

October 22, 2014

Group One's Jamie Tyrrell says the VIX fell 10 percent a day for three straight sessions, the first time that has ever occurred.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Make Money in a Volatile Market

Education & Strategy

Vexed by the VIX

Many people probably don't know that the calculation changed for the CBOE Volatility Index this week, but it's worth discussing...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER